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Search Results 0 to 37 of about 38 (some duplicates have been removed)
FOX Business
Jan 18, 2013 1:00pm EST
to do is have that take place when the republican position on the debt takes the economy hostage. that is off the table. i think the president is smart to be firm and clear on that. next time it would be democrats if we had a republican president. ashley: would you agree, i know it is out of your area, but the senate has not passed a budget in four years now. would you agree with republicans that it is not the way to go and i could, in fact, be breaking the law without i do agree with them. we actually have not passed the budget. i am with them on this concern about our inability to actually do the basic work that a legislature must do. ashley: i know bernanke, timothy geithner, rating agencies and many more states what is the point of a debt ceiling? we routinely raise it anyway. what is the purpose? >> there is no purpose. the debt ceiling has become a device for fiscal irresponsibility. republicans and democrats both dated. senator obama voted against the debt ceiling increase. if we have this credit downgrade, and we had a credit downgrade, as you know, last august. we have t
CSPAN
Jan 14, 2013 12:00pm EST
of rules that have been established that are impossible to meet without doing severe damage to the economy. we're not going to put ourselves in a position where, in order to pay for the spending we have already incurred, where the two options are we were way to either profoundly hurt the economy, hurt seniors, hurt kids trying to go to college or we will blow up the economy. we will not do that. not whatever congress does. they will have to send me something that is sensible. we should not be doing this in a one-three month time when. why should we do that? where the united states of america. we cannot manage our affairs in such a way that we pay our bills and provide certainty in terms of how we pay our bills? look. i do not think anyone would consider my position on reasonable. major, i am happy to have a conversation about how we reduce our deficits. i'm not going to have a monthly or every three months conversation about whether or not we pay our bills. that in and of itself does severe damage. even the threat of default hurts our economy. it hurts our economy as we speak. if we want t
FOX Business
Jan 18, 2013 11:00am EST
talking about it, investors should be focused on making money in the economy and corporate profits are healthy enough to do that. joining us now, start with this. why can you possibly say don't worry about washington because long-term interest rates go up, stocks will not be undervalued, they will not be cheap and that could hurt the stock market. >> this is a great point you are making, but we put, believe it or not, a 5% 10-year treasury yield into our stock market model. we are assuming interest rates soar from here. and stocks are still undervalued today. we can take a lot higher long-term interest rates put my real point about this is if we go back a few years, the first fiscal cliff, the 2010 tax cuts were going to end. the first debate over the downgrade. all of those things happened, and yet the market kept going up. same with the fiscal cliff this time, and i believe people are overly concerned about a lot of the things that are happening around the world. the economy continues to grow, the stock market is really cheap, and that is what investors should focus on. if you go
FOX News
Jan 13, 2013 8:00am PST
on the economy or jobs. we have been very reactive to what is happening in the headlines, not atippal for a second president. but it is the soft under belly of the obama presidency. at then of the second sterl, if this chidoesn't turn around and unemploint ployment doesn't come down, the obama agenda will be a failure. they are making a huge mistake, trying to beat up on rich people, businesses and small businesses and raise taxes. the result of the policies, eric, is that unemployment will continue to stay high and poverty rates will continue to skyrocket. when you beat up on the rich, you create more poor and you make your budget problem worse because there are more people on welfare than there were before president obama came to office. >> what happened if there were more people on welfare and if the unemployment rate doesn't go down? >> that has to be the primary focus needs to be. there are two major challenges right now. first, this economy is focused for liftoff. in the corporate world, we are at the highest profit levels we have been since world war two. their productivity is
FOX
Jan 14, 2013 7:00am PST
the replacement level. and that's causing concern for california's economy because the retirement population grows and there are fewer workers to replace them. in the meantime birth rates have gone up in texas, georgia and florida. >>> 7:35. the trial and a massive corruption case involving an entire southern california city starts this week. the mayor, vice mayor and four former council members from the city of bell are charged with misappropriation of city money. prosecutors claim the city leaders looted the city's treasury to pay themselves huge salaries. the biggest compensation package was for the city's chief administrative officer of $1.5 million. jury selection begins tomorrow. >>> some san francisco muni workers earned a lot of overtime in the last fiscal year. the "san francisco chronicle" reports one supervisor worked more than 2200 hours of overtime. that's the same as working a second full-time job. in 22 of the top 25 earners in the entire city worked for muni. muni's chief says most of the overtime is due to maintenance work being done when fewer vehicles are in service which is mos
CNBC
Jan 18, 2013 9:00am EST
sensitive to the economy commodity in the world. ip took out a lot of capacity. ip is a genius. this company's had an unmitigated run. capacity's constrained, prices going up, 95% of capacity. that is like -- you can put the price increase after price increase, that says the economy is much stronger than expected. this is the first commodity to raise prices big when things get better. they're raising prices consistently. very bullish. >> that is a great, great tell. still more to come this morning. get ready for an ipo hat trick, sunco energy partners, norwegian cruise lines, all making their debuts this morning. stick around to see how they open for trading. the opening bell is just a few minutes away. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. ♪ [ indistinct shouting ] [ male announcer ] t
CSPAN
Jan 14, 2013 8:00pm EST
spend on everything from education to public safety less as a share of the economy that has been true for a generation. that is not a recipe for growth. we have to do more to stabilize the finances over the medium and long-term, and also spur more growth in the short term. i have said i am hoping to making modest adjustments to programs like medicare to protect them for future generations. i also said we need more revenue for tax reform by closing loopholes for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we consult the deficit issue without sacrificing our investments in things like education that are going to help us grow. it turns out the american people agree with me. they listened to an entire year's debate over this issue, and they made a clear decision about the approach they prefer. they do not think it is fair to ask a senior to pay more for his or her health care or a scientist to shut down like that saving research so that a multi millionaire investor can take less in tax rates then a
CSPAN
Jan 16, 2013 5:00pm EST
the gulf we recognize that healthy echo systems also can mean healthy economies. and from louisiana what we have taken, what we believe is a very good first effort in addressing both the vulnerability that exist with the state's master plan has which is is a long-term plan addressing the ecological but reducing the risk across the coast. we believe we can achieve a 100-year protection for the community it's the resources that important. the ecological resource that's state provides and the gulf provides to the nation that if it's going to be afforded through the nation it has to provide protection to those communities who provide that. we believe that this plan we can have sustainable long-term healthy echo systems but also healthy communities and economies. there's an essence a form of what we call social engineering. if you can't ensure the communities, the supermarkets, the schools the things that community depend on, they will not survive. we want to make sure that we're developing both a healthy echo logical system but -- we have gone a long way in first attempt. it's not perfect. we h
CSPAN
Jan 18, 2013 7:00am EST
the private and the public economy, balance between the cost and hoped for advantages, balance between the clearly necessary and the comfortably desireable, balance between our essential requirements as a nation and the duties imposed by the nation upon the individual, balance between actions of the moment and the national welfare of the future. good judgment seeks balance in progress, lack of it eventually finds imbalance and frustration. >> words of president eisenhower 52 years ago. are those words relevant today as he talked about what government can and cannot do in solving problems. that speech is still available online. and pointing out those remarks giving the country a dire warning about what he described as a threat to democratic government. he also used the phrase military industrial complex. since then that has become a rallying cry of opponents for expansion. in an effort to control the expansion of the military industrial complex the president sought to cut the pentagon's budget. he wanted a budget he said the country could afford. share your thoughts about the role you t
MSNBC
Jan 17, 2013 6:00am PST
is up 5,550 points since then, just shy of the 14,000 mark. the economy is growing. instead of contracting. in the first quarter of 2009, the gdp contracted 5.3%. it grew 3.1% when the last time it was officially measured. though remains below where it was before the great recession, consumer confidence has nearly doubled. and a larger percentage of americans, 41%, according to our last poll, believe the country is headed in the right direction, up from 26% in january, 2009. on the other hand, there is plenty of data to support the idea that the drink country is not better off than it was four years ago. and that the struggling economy continues to take a toll on families. median household income is lower than it was in 2009. and 46 million americans live below the poverty line. several million more than four years ago. the federal public debt has increased from 10.6 trillion in january 2009 to 16.4 trillion now. then there's the big number that's exactly the same as it was four years ago. the unemployment rate. 7.8%. though it's down from, of course, a high of 10% in octobe
CSPAN
Jan 17, 2013 5:00pm EST
, growthing -- growing faster than the economy. we have to fix the social security system making promises that are bigger than which we can pay out down the road. .. but he recognizes the threat it putouts there in the economy in that you can't possibly imagine the real growth coming without a sense of stability. the with coming from knowing what these changes will be so you could have planning investments, job creation, all the necessary pieces of moving the economy forward. the big wild card is when people are going to make these tough choices instead of using them to fight in the normal political boxes. what is going to happen next? it's on a different path than i would have thought. if you think about the prospect theory which basically says when you're delivering good news you want to do it in lots of little pieces if they got a promotion than you want to tell them they got a raise and then tell them they got a bigger office. each piece of big news is good and makes people happier. if you were doing bad use and waiting for an airline that is going to be delayed. i think it really app
FOX News
Jan 19, 2013 1:00pm PST
attached to it. >> heather: let's talk about the economy. the president starts his new term. less than 1% rate it as excellent. 9% say it's good shape. that is up a touch from his first inauguration but 91% of voters say economic conditions negatively today. why are we here again? >> you have to wonder. i point you back to november the conditions haven't changed all that much in two months. i would imagine that those exact numbers were the same on election day, and the american people not only re-elected the president but gave us the same senate in the house as we had before. so as much as they are saying economy isn't going well, when they had an opportunity to change things they voted for more of the same. >> heather: you mentioned congress, finally two polls dealing with that. first since president obama was re-elected, 30% think he has been more bipartisan in working with congressional republicans, 55% the majority says he has been more confrontational? >> i think some of the number for confrontational they are saying that as a positive. certainly democrats want him to be more confro
FOX News
Jan 18, 2013 4:00pm PST
. i wouldn't put any jeopardizing of the economy there. shows that it is a very rational, put us on a better path and i would think all the american public could support it in the senate as well. >> the house is also suggesting a policy of no budget, no pay. if lawmakers fail to do their job, the american people shouldn't pay them. bill? >> bill: what do democrats say about all of this, mike? >> they seemed to welcome the idea, the republicans sound willing to extend the debt ceiling. a spokesman for majority leader harry reid says if the house can pass a clean debt ceiling increase to avoid default and allow the white house to to meet its existing obligations we will be happy to consider it. they don't want the drama. >> debt ceiling in a manner that causes no concern to the economy and to global markets, that does not in any way suggest that washington is about to, you know, engage in another process that results in a self-inflicted wound to the economy. >> this afternoon, carney calls on congress to pass an extension of the borrowing limit without delay. bill? >> bill: get rea
CSPAN
Jan 15, 2013 10:00am EST
, for our economy cannot be overstated. the sovereign debt of the united states, for it to be questions that we would pay our bills or not, is not a scenario that we want to go through as a country. that would really harm us. that said, as i was coming back on the train from new york, i shared this with those with me. i said you're going down this track at 130 miles an hour. what would cause the conductor, knowing that if he veers off on this next rail to the right and pulled the switch that would cause that to happen, even if he knew it would put the train at severe risk by veering off to the right, what would be the only reason a person would go off that course rather than go straight? and the reason is that there's a larger cavern, kind of a grand canyon that we are about to go off. here's what i have concluded as a businessman and a seasoned public servant. the music will stop at some point with respect to where we are. when we are pouring $1 trillion a year, 40 cents on the dollar, you cannot do that into perpetuity. the time for leadership is right now. the time to address this is
ABC
Jan 17, 2013 11:00pm EST
. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ ♪
CNN
Jan 14, 2013 1:00pm PST
in exchange for not crashing the american economy. the financial well-being of the american people is not leveraged to be used. >> he's talking about bipartisan, but you would agree that he's also playing politics here or no? >> i'm not going to second-guess what the president, his motives and everything. i can tell you, there's a lot of democrats who believe we need to cut spending also. and we need to get our house financially in order. with that, we're hoping it happens sooner than later. i've always been for the bowles/simpson approach, which was a big fix, so we don't go through these crises every two or three months. it's ridiculous. we've kicked the can so much, there's nothing left. we've got to come to grips and sit down and work through this. it's taken longer than needed. that's why congress -- it's really broken in washington. it's really what no labels and why jon and i are here. we're looking for solutions and a venue that we can sit down and work out our differences. and this is the one i think works well. >> jon huntsman, we're already hearing this discussion about
CSPAN
Jan 16, 2013 5:00pm EST
job creation and the american economy. today we will hear from s.e.c. commissioner danny gallagher who i think is well-positioned to lay out an agenda for this in the next year. we hope this is an agenda that can attract strong bipartisan support. mr. gallagher brings a unique combination of backgrounds. he started as general counsel for a financial services firm. then joined the staff of commissioner paul atkins and worked for commissioner, worked for the -- at the f.c.c. as deputy director and then acting director in one of the largest divisions. he's been on the senior professional staff, then was in private practice and about 14 months ago was confirmed by the u.s. senate as securities and exchange commission commissioner. i think everybody who who knows him will know several things about him. he is smart, he understands the complex issues. second, he is -- he has an ability to see another person's perspective and find consensus and make forward progress on issues and understands that you can achieve consensus while still remaining true to principle and finally that he is a great p
CSPAN
Jan 18, 2013 10:30pm EST
and undermine their idealism. if we permit our economy to drift and decline, the vulnerable will suffer most. we must live up to the calling we share. civility is not a tactic or a sentiment. it is the determined choice of trust over cynicism, of community over chaos. and this commitment, if we keep it, is a way to shared accomplishment. america, at its best, is also courageous. our national courage has been clear in times of depression and war, when defending common dangers defined our common good. now we must choose if the example of our fathers and mothers will inspire us or condemn us. we must show courage in a time of blessing by confronting problems instead of passing them on to future generations. together, we will reclaim america's schools, before ignorance and apathy claim more young lives. we will reform social security and medicare, sparing our children from struggles we have the power to prevent. and we will reduce taxes, to recover the momentum of our economy and reward the effort and enterprise of working americans. we will build our defenses beyond challenge, lest weakness invite
MSNBC
Jan 14, 2013 7:00am PST
forward. it's a shame, chris, that when you look at the greatest challenge the american economy has, is the american congress. that's a shame. >> what do you do? how do you move forward? i was talking this morning to your counterpart on the republican side, former utah governor jon huntsman, and, you know, he is -- there's a key word there i just used, former. how do you get the people who are involved in the process right now who can have this influence, to get on board and really do sit down in that meeting room and listen and talk and negotiate? >> chris, right now i've been in senate for two years. you know we have not had the first bipartisan caucus yet, not one time have we sat down organized by leaders for us to sit down in 100 chon or at any time in two years to talk about the problems and if we had commonality. >> what does it take to make that happen, senator? >> well, this is what no labels is all about, the problem solvers. we're saying if it's not going to happen from the top, maybe those of white house are frustrated as i am that wanted to do something that came to was
CSPAN
Jan 18, 2013 2:00pm EST
have the will to the poverty a priority with in this country? >> you have to have the real economy. but we have now? i am amazed -- you could talk about public education, we could talk about health care. everyone knows that a single payer health care system would -- insurance would cover everyone. insurance companies would be gone. cost, quality, access would be at a premium in terms of our ability to be a civil society if we had a single payer health care system. we could generate almost 3 million jobs, which would serve to stimulate the rest of the economy when you are building -- and actually taking care of the people. they know that in washington. viable. -- valuable. they just want to privatize it. i think you all doing a beautiful job -- the nurses appreciate you so deeply. honestly, the progressive caucus, the black caucus -- but one of the things that you said, and i completely agree, is that you have got to push. we have got to treat a movement in this country -- occupy was a moment. it needs to start up and keep going -- it needs to bring millions of people with it. the r
MSNBC
Jan 15, 2013 3:00am PST
economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> you know, it looks like republicans are up against another wall. but they're not going to be able to get -- they're not going to be able to get, quite frankly, some things they really want, if they're serious, are important. spending issues. but this is -- he's got them again. >> here's the problem with the republican party being owned by extremists on issues not related to the debt. let me tell you something, the president of the united states, it's laughable that he would talk about republicans not being responsible on debt issues when this president has been in the white house since january the 20th, 2009, and he has yet to do anything significant on social security or medicare. he cut medicare, so he could start a new entitlement program. that's not making medicare more solvent. he hasn't done anything to curb the costs of medical expenses, which he said he was going to do. he did nothing. he struck back room
CSPAN
Jan 20, 2013 6:00pm EST
in the economy before he was inaugurated and nobody knew what he was going to do and people said that they should have sent signals. it would have helped the country but it seems like it helped them do a better job waiting. we've two of them for president now and the fiscal crisis and the war going on and everybody is wondering what is going to happen. what advice would you give to mccain or obama of the should do once they are elective or should they wait until they are inaugurated to say what they are going to do? >> the question is if i could repeat, another excellent question. the parallel between lincoln and fdr not doing anything in the four months that they faced the real crisis as compared to the crisis the next president will inevitably face and whether he should be involved. i will say quickly as daniel weinberg knows one of the inspirations for the book was jonathan alter's book on clinton's roosevelt first 100 days with strong sections on the president-elect and i still remember vividly which is the good thing about the book remember building reza on march 2nd or 3rd. you've got to do
CSPAN
Jan 16, 2013 1:00am EST
that healthy ecosystems also can mean healthy economies. from louisiana, what we have taken -- what we believe is a very good first effort the addressing the vulnerabilities that exist in reducing that risk is with the state's matter of fact plan which is a long- term plan to reduce the economic significance and reduce the risk across the coast. we believe we can achieve protection for all coastal communities. it is that resource that is important. the states provide and the gulf provides to the nation, it if it is going to be afforded through the nation. we believe with this plan we can have sustainable healthy ecosystems but also healthy communities. there's an essence of -- there is a form of social engineering because if you can't ensure the communities, the supermarket, the schools, the things that the communities depend on, the communities will not survive. we want to make sure we will develop a healthy system but also healthy communities that can provide those resources. we have come a long way, it is not perfect but we have a plan to achieve this sustainability and protecting the commu
ABC
Jan 18, 2013 5:00pm EST
. this is a positive thing for the city and the economy. >> the wrights flu in from florida. >> we -- flew in from florida. >> we're excited to be here and engage in an american tradition. >> despite all the people coming to town, there are still open hotel rooms. occupancy ratings are about 70% right now they were 90% four years ago. you can expect to see deals out there this weekend. reporting live in northwest washington suzanne kennedy. >> now as businesses prepare for a busy three days the transit is getting ready for >> the rush is on already as hundreds of people are inside trying to transform this convention center into a three-story party place. they have three days left to get ready for tens of thousands of party goers. in 2009, the president and the first lady appeared at 10 narble balls. >> the president will dance at all three levels. >> the top floor is reserved for the commander in chief ball and the only place you will see the presidential sale. one floor down it is set for the kids narble -- inaugural concert. >> brad paisley, jennifer hudson smoky robin
CSPAN
Jan 18, 2013 9:00am EST
promises. or helping the economy. how did you weigh those? when he makes a promise on the plus side, does he get a plus on at 500 or does he get a negative? the net -- the next time, does he get guest: we have a category called obama's top promises. you can look at those and you can see that i think his record of fulfilling them is not quite as high as overall. you make a good point -- some of his promises were sweeping and thematic and others were very specific. there were two that were lighthearted -- we included two promises like that. one was his promise during the campaign that he would buy his daughter as a puppy which is a promise kept in the other was that he would fight for a college football playoff system which we also raided a promise kept indeed, you could say this is the aggregate and you need to look in on the more narrow numbers. we published an article yesterday but we welcome anybody who wants to tally them up in different ways and provide an analysis. all promises are not created equal. host: we are looking at the top promises on politifact - tell us more about compromi
CSPAN
Jan 15, 2013 5:00pm EST
is greater than our nation's economy exceeding our g.d.p. and we have on the floor floor toda legislation that calls upon our children and grandchildren even greater burdens of debt. it's time to end the credit card economics. we simply cannot afford to spend money that we are borrowing from countries like china on-line items we don't need and constitution isn't authorized to spend. my amendment strips one line item out of this bill. this is really low-hanging fruit. the sandy relief effort was increased by $1 million to boost the legal services corporation, massacre aiding as disaster relief and i thought we had a ban on earmarks in this congress. why is a bailout for new york lawyers emergency hurricane relief, even if you believe this is a legitimate government program which i don't, by the way, how can you argue that spending on lawyers is a legitimate emergency spending? let me say again, for $-- we are $16 trillion in debt, we are $16 trillion in debt, america. we simply cannot afford to continue like this. we cannot keep spending on money we don't have on things we can't afford and
FOX
Jan 17, 2013 10:00pm EST
technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> news alert from california where toyota announced it's settling a wrongful death suit with the families of two people killed when their car accelerated unexpectedly. the two were killed when their car slammed into a wall in 2010. hundreds of other wrongful death suits are pending. toyota offered to pay a billion dollars claiming owners suffered money losses when their cars suddenly sped up. >>> in algeria u.s. authorities are awaiting word on the fate of some americans being held by islamic extremists. earlier today algerian special forces stormed a gas plant where the militants were holding dozens of hostages. during the raid some of the hostages and mutants were killed. it's unclear how many. -- militants were killed. it's unclear how. >>> -- how many. >>> al pacino will be in a movie called happy valley based on joe paterno as the winningest coach in college football history who saw his career end in di
CSPAN
Jan 16, 2013 10:00am EST
and mathematics backgrounds to stay in the u.s., use those skills to grow our economy, help our country, rather than go back to their home country. host: the white house sees hope for bipartisan deal on immigration based on what senator marco rubio of florida, republican, has put out there. he's put some ideas out there. do you -- do you endorse liz ideas? guest: i have not spoken to senator rubio yet, but we welcome those ideas. there are others in the house that are working on specific proposals and wider ranging proposals, and we want to take a look at this. you know, we are a nation of immigrants. there is not a person to be found who's a u.s. citizen who can't go back a few generations or several generations and find someone in their family who came to the united states to better their lives. my grandfather came from germany. my wife's parents came from ireland. this is a very, very common thing. we are also a nation of laws. so finding a way to address this issue and fix a very broken immigration system will entail looking at a lot of different pieces of this, including enforcement and wh
CSPAN
Jan 16, 2013 1:00pm EST
of this country, because the consequences of a default would ripple throughout the economy. i just saw an article yesterday that said the people are now drawing on their retirement funds, the middle class of this country. so we now want to have a debt ceiling threat that would cause further erosion in the stock market, that would essentially make things begin to go haywire? i guess the republicans are going to be thinking this weekend how to proceed. i think they need to proceed with sensibility and common sense instead of an effort to be so extreme that you threaten the economy of the country. host: house republicans leaving for a retreat tomorrow to discuss - guest: they should retreat from the idea of using the debt ceiling. host: you referenced "the wall street journal" this morning. many republicans see a debt limit showdown as risky. pat toomey said tuesday he would introduce legislation next reconstructing the white house to prioritize the government's bills. what's wrong with that idea? guest: we have had some deficit reduction. as the president laid out a couple days ago, we have had ove
NBC
Jan 17, 2013 7:00am EST
and next, earnings from investors, as they gauge how the economy is doing. and speak egg of the economy, the federal reserve's regional survey found modest growth at year end 2012. this despite concerns about the fiscal cliff and the looming battle over the debt ceiling. back to you. >> mary thompson at the new york stock exchange. thank you. >>> one of television's favorite fathers has died. conrad bain played phillip drummond on "different strokes," the adopted father of two african-american brothers, played by todd bridges and gary coleman a veteran stage actor, bain rose to fame in middle age with the long-.-running family sitcom. conrad bain was 89 years old. a big hit here on nbc. 7:19 now. back to matt, savannah and al. >> must see tv. >> definitely. >> thanks, matt. >> thanks very much. mr. roker is here. >> a big storm is down south. let's go live now to pearl, mississippi, you can see the snow is already on the ground. they have got more on the way. as we take a look and show you what's happening, here is the latest. we have got winter storm warning, winter weather advisories
CSPAN
Jan 14, 2013 5:00pm EST
or to radically, giving too much money into many loans purses to few. banks are important part of the economy and the finance new job growth and the ability of people to buy a home, which is the largest single investment that they will make. we really need for them to be there to help the consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with these rules. financial institutions will complain about any regulation because they did not want to be subject to kinds of rules that instruct them in how to do their business. when you read the complaints from the financial industry, i would say we have to take some of those with a grain of salt. host: gretchen morgenson is the "the new york times" assistant business and financial editor. she was co-author of "reckless endangerment.' guest: who basically were the interco parties in creating the crisis decades later. host: don is next from clifton, virginia. caller: a good time to segue t
CSPAN
Jan 14, 2013 8:30am EST
's about the health of our city, our towns. it's about the health of our neighborhoods and our economy. it's about the health of our schools, and our school children, and our communities and the health of our neighbors. mayor bloomberg, the people of new york have seen is an effective, results oriented mayor, one of the most effective results oriented mayors ever to serve new york, or dare i say, any city. creating jobs, expanding opportunity, improving city schools, launching america's largest affordable housing initiative. quite honestly, everything they do in new york and said to be the largest initiative, but i should say also largest and one of the most innovative affordable housing initiatives. and also fighting crime. really showing us that the people of new york have shown the people of baltimore that it is possible to make a safer tomorrow, that we do not have to resign ourselves to the circumstances of the way things have always been, or what we have never been able to do in the past. and, in fact, we can save lives, and each life is precious. each life is important, and if you s
CNN
Jan 14, 2013 4:00am PST
. the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >> welcome back. we're coming to you this morning live from newtown, connecticut. today marks one month since the tragic shootings that took so many young lives and so many lives overall. vice president joe biden is going to be meeting with the house of representatives, and finalize the recommendations that he'll give based on meetings that he has had with his gun task force and groups across the country. he is expected to recommend a couple of things. universal background checks and limiting high capacity magazines as well as encouraging more research into links between violent media and gun violence. >> first of all, it's sobering to be in this place here at this time. i just want to say that. i think the president is going to be more aggressive here in his second term on this. i mean, gun control is an issue that divides the country very closely. i think almost exactly in half. the reality is that the half of the country that
CSPAN
Jan 17, 2013 7:00am EST
it is more do to the economy. people losing their jobs. they are turning to drugs to make money. crime and violence follows the drugs. guns do youkind of drug own? caller: some rifles, shotguns, and pistols. host: what do you use them for? caller: mostly hunting and target shooting. host: had you ever used one in self protection? caller: know i have not. they are all in a closet in a safe as we speak right now. host: thank you for calling in in this morning. jodi sends in this tweet -- from "politico" this morning -- you have probably heard about the nra had it they have put out. "washington journal >> are the president's kids more important than yours -- [video clip] >> are the president's kids more important than yours? mr. obama demands the wealthy pay their fair share of taxes. he is just another e list hypocrite when it comes to a fair share of security. protection for their kids, and the gun free zones for hours. host: josh in michigan city, indiana. good morning. caller: i have been listening to some of the calls coming in and have been watching what you were placing on tv. i ca
CSPAN
Jan 17, 2013 10:00am EST
and the economy and education, we know how they're strapped. i have four s.r.o.'s at one time. i now have one. that's not a desired situation by the school or by my department. yes to the funding piece. to the mental health piece, the s.r.o.'s, they know the kids. they know when they don't look right. what's going on today? they have friendships and they talk. someone else will say, have you seen his facebook page, or i am being taken down, bullied on facebook and all the things that lead us to mental health issues. and in regard to mental health issues, today, the officer on the street gets called because someone is having an episode of some nature and maybe a family member calls or maybe a co-worker calls or maybe they're just out and about having some sort of episode. the officer comes, evalue waits and determines, something is going on. this person needs to be seen. they've committed no crime a lot of the time, but you can't believe. so they in minnesota and i think this is similar throughout our country execute what's called the 72-hour hold. a lot of people say, good. the situation is r
NBC
Jan 16, 2013 7:00am PST
and weak economies. back to you. >> mary thompson of the new york stock exchange. thank you. what is more incredible than a spectator at a basketball game sinking a half-court shot? check out what happened when atlanta hawk fan kevin went for the thousand dollar prize at half time. as you see, the ball got wedged there right between the backboard and the rim. kevin, though, did win the thousand dollars because the shot was so unbelievable, and technically the ball did make it into the basket when a hawk staffer then yanked on the net. >> go back to the beginning of that. technically, savannah just pointed out he shouldn't have gotten the money because he stepped over the line at half-court. watch closely. there, right there. i would have given it to him, savannah. >> i think we all know that i would have given it to him. just for showing up, i would have given him the thousand bucks. let's get to dylan dryer who is in for al. what a mess on the east coast this morning. >> such a mess. commuters dealing with rain, ice, sleet. we have snow across new england. it is going to be messy through
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